SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights to publicly traded companies through its software-as-a-service (“SaaS”) platform, Sequire, has announced unaudited preliminary revenue results for Q4 and fiscal year 2020. According to the update, the company surpassed its guidance for the three months ended December 31, 2020, and expects to report net revenue of approximately $4.5 million. In addition, SRAX expects a 320% year-over-year revenue increase and 75% increase from Q3 2020, exceeding analyst expectations. “We continued to see significant demand for our Sequire platform in Q4 and this growth has continued into the first month of 2021. On the product front, we are continuing to add new features to the platform to enhance the value to our clients,” said Christopher Miglino, founder and CEO of SRAX. “We have a vision of delivering a platform that will be an essential part of every public company. We are well on our way to accomplishing this goal and think that this year will validate our leadership position in the market.”
To view the full press release, visit https://ibn.fm/arv0r
About SRAX Inc.
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, visit www.SRAX.com and MySequire.com.
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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